On July 1, 2022, the Midwest Holding Inc. appointed Daniel S. Maloney as its Principal Accounting Officer (“PAO”). As previously reported, Debra Havranek retired as the previous PAO on June 30, 2022. Mr. Maloney began his employment with the Company on May 23, 2022, in the position of Executive Vice President of Accounting and Finance.

Immediately prior to joining the Company, Mr. Maloney was Head of Accounting at Players Health, Inc., Minneapolis, Minnesota, an organization providing safety and insurance services and products to athletes. From 2021 through part of 2022, Mr. Maloney was Controller for AM Re Syndicate, Inc., Dallas, Texas, a reinsurance provider for cyber, marine, transportation and general liability programs. From 2015 into 2021, Mr. Maloney was Vice President, Controller for American Fidelity Assurance Company, Oklahoma City, Oklahoma, a company that provided supplemental health insurance benefits and financial services. Prior to this, Mr. Maloney held various accounting positions in the insurance industry and also worked for a public accounting firm, starting as a Staff Accountant and finishing as an Audit Manager.

Mr. Maloney is a Certified Public Accountant and earned a B.S. in Business (Major in Accounting) from Eastern Illinois University and an MBA from the University of Illinois.